FAIRWAY VIEW

Area Intelligence
2024
Median Price
RM 450,000
PSF: RM 406

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 406

FAIRWAY VIEW in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 406.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 440K to RM 460K, and a typical market range of RM 443K to RM 458K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 406, with most transactions between RM 397 and RM 415. The usual range is RM 396.50 to RM 415.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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FAIRWAY VIEW, Timur Laut, Penang

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